# PPP loan: PERFECTO TOOL & ENGINEERING CO, INC
> **$574K** approved 04/04/2020 · Paid in Full · Loan `4710327010`
## Borrower
- **Name:** PERFECTO TOOL & ENGINEERING CO, INC
- **Address:** 1124 W 53rd St, ANDERSON, IN, 46013-1305
- **NAICS:** 333241
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Utilities:** $14K
- **Debt interest:** $20K
- **Jobs reported:** 37
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*